Airdrops are undervalued and most don't get the best out of it. People who understand its value Sybil attack, but trust me that's not the best approach to that.
Join me as I deep dive fully into several niches of the Arbitrum Ecosystem
Recently as we all have known, L2s are heating up and most of them are untokenized, Optimism launched their token and airdrop to thier users using different criteria which I got $OP tokens worth $2k+.
Here is a comprehensive list of Untokenized Protocols in Arbitrum Ecosystem [A-Z] fully covered with their strategies and co;
Aboard exchange @AboardExchange
A multichain multi-platform, order-bookstyle dex derivatives exchange which aims at bridging Tradfi trading experience to DeFi.
Airdrop confirmation: Possible Airdrop
Strategy: Trade across various token pairs
Source: Discord AboardExchange
Arken Finance @ArkenFinance
A Dex aggregator which offers all in one trading tool for dex trades to monitor tokens & assets, forecast the market movement & trades.
Airdrop confirmation: Confirmed
Strategy: Own Arken NFA NFT
You can get that @tofuNFT
Source: Docs
Across protocol @AcrossProtocol
A cross chain bridge
Airdrop Confirmation: Confirmed
Strategy: Bridge across various protocols & add liquidity.
Source: Discord
Bungee Bungeeexchange
A multichain bridge aggregator across various chains, also integrated with moving of gas across chain by refueling. My favorite bridge thou IMO
Airdrop confirmation: Possible Airdrop
Strategy: Bridge across various chains
Source: Discord
Chainhop @Bungeeexchange
A cross chain swap (Dex aggregator)
Airdrop confirmation: Possible Airdrop
Strategy: Swap across various protocols
Source: Discord
Connext @ConnextNetwork
A cross chain bridge
Airdrop confirmation: Confirmed
Strategy: Bridge across various protocols
NB: Snapshot already taken for early users, another way to benefit from the airdrop is by contributor program. See below 👇
https://contribute.connext.network/2ba1d7534f6b4975a02039098adc502e
Composable @ComposableFin
An interopable cross chain, cross layer infrastructure synergizing DeFI 2.0 & web3. It offers two products:
Picasso
Mosaic
Picasso: Ecosystem communication layer Integrated with parachain that facilities as a layer for IBC ( Inter blockchain communication protocol) i.e connects L2s to Polkadot, Kusama and Cosmos ecosystem. Already have a token $pica.
Mosiac: offers bridging solution with liquidity management.
Has $Layr token (composable Dot & ETH token)
But composable finance itself will have a token.
Took time to break it down because due to its complexity and of users thinking it has a token yet.
Airdrop confirmation: Confirmed
Strategy I: Use bridge across different chains
Strategy II: Deposit stables into vault
Source: Discord https://t.co/IZ6D34yVwn
Debridge @DebridgeFinance
Interopable cross chain bridge also integrated with provision of liquidity for cross pool at Curve finance
Airdrop confirmation: Confirmed
Strategy: bridge across different chains, add liquidity at crv pool on any of the assets
Source: Docs
DeGate @DeGate
A Dex protocol on Zk rollups also incorporated with a bridge like that of zigzag. Mainnet not yet live.
Airdrop confirmation: Confirmed
Strategy: Trade, use bridge & add liquidity.
Emphasized more on incentivizing LPs.
Source: Docs https://t.co/EQ6mBTJ0YK
Hashflow @HashFlow
Bridgeless cross-chain swap
Airdrop confirmation: Confirmed
Based on different criterion, snapshot already taken for NFT holders
Strategy: Can be eligible through:-
i. Trading reward
ii. Market making
iii. LP
Source: Docs - Doclink
LI FI @LifiProtocol
A bridge dex aggregator, just like bungee, it works by finding best possible route for bridging which is cheap & fast.
Airdrop confirmation: Possible Airdrop
Strategy: bridge across different chains
Source: Discord
Meson @MesonFi
A cross chain bridge for stables, it's free for bridging stables across all chains expect $ETH.
Airdrop confirmation: Possible Airdrop but they sometimes incentivze users based on different events.
Strategy: Bridge across different chain
Source: Discord Doclink
Liquality @Liquality_io
A multichain web3 bridge wallet. A Dex wallet like metamask, argent e.t.c.
Airdrop confirmation: Possible Airdrop
Strategy: Use wallet features, bridge, swap and transfer
Source: Discord Doclink
Synfutures @SynFutures
A perp derivative dex, mainnet not yet live. Testnet campaign ended on 24th jun in which NFTs would be awarded to participants.
Airdrop confirmation: Possible Airdrop, use on Testnet/ on mainnet launch too. They've hinted on DAO several times.
Strategy:
Trade across different token pairs.
Add liquidity, if you can't find, create one, they really achieved what is true permissionlessness.
Source: white paper (V2) Doclink
Vovo finance @VovoFinance
A structured protocol that offers product with different risk profile in which product they offers include principal protected products & yield enhancement products.
I. Principal protected products: earn large profits without the risk of losing a gwei. It's enhanced by integrating curve with GMX perp swap.
II. Yield enhancement products: Earn high returns based on choice of risk
Airdrop confirmation: Possible Airdrop
Strategy: Deposit USDC into any vault of your choice, e.g Eth up or down vault, in either case also on GLP vault either Eth/BTC up or down but know the risk associated with each vault.
Source: Discord Link
Web3Auth @Web3Auth
Infrastructure for web 3 wallets & application
Airdrop confirmation: Confirmed
Strategy: Participate in the guardian partner program
Source: Twitter
Yield protocol @Yield Protocol
A permissionless market for collaterized fixed- rate borrowing & lending platform.
Airdrop confirmation: Possible Airdrop, although they’ve no plans for a token yet but we've heard that from several protocols that later did.
Also the ability of being able to make it to Arbitrum odyssey event may fasten the plans for that or in the nearby future.
Strategy: Lend, borrow & provide liquidity.
Source: Discord
NB: These protocols covered are not all for the sake of Arbitrum odyssey event, which is currently paused.
But using these protocols exposes one to DeFI and familiarity to @arbitrum ecosystem which is killing 2 birds with a stone. Getting the protocols airdrop and $ARB itself.
is arken finance over though ? it says 1st airdrop is over...